JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 31.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,414 shares of the company’s stock after buying an additional 17,045 shares during the quarter. Belpointe Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $27,000. Hantz Financial Services Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after buying an additional 351 shares during the period. Root Financial Partners LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $34,000. Russell Investments Group Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $33,000. Finally, Guerra Advisors Inc acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $40,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $58.66 on Monday. The firm has a market cap of $36.45 billion, a PE ratio of 32.17 and a beta of 0.83. The firm’s fifty day moving average is $57.14 and its 200 day moving average is $57.92. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.14 and a one year high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.5586 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. This represents a c) annualized dividend and a yield of 11.4%. The ex-dividend date was Wednesday, April 1st.

JPMorgan Nasdaq Equity Premium Income ETF Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.